Beyond Meat (NASDAQ:BYND) Issues Earnings Results, Misses Estimates By $0.01 EPS

Beyond Meat (NASDAQ:BYND) issued its quarterly earnings results on Wednesday. The company reported ($0.09) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.08) by ($0.01), Zacks reports. Beyond Meat had a net margin of 75.40% and a negative return on equity of 70.11%. The business had revenue of $68.83 million during the quarter, compared to analyst estimates of $62.43 million.

Here are the key takeaways from Beyond Meat’s conference call:

• Second-quarter revenue of $68.8 million exceeded the company’s guidance range, while the year-over-year decline improved to 8.2% from 15.3% in Q1 and 19.7% in Q4 2025.
• Gross margin improved sequentially to 8.5%, operating expenses fell 19% year over year, and cash use excluding financing activities declined 44% to approximately $18 million. Management cited production consolidation, lower material and logistics costs, and ongoing SG&A reductions as drivers.
• Core U.S. and food-service operations remain under pressure: U.S. retail revenue fell 9.9%, U.S. food service declined 27.6%, and international food service dropped 16% year over year. Lower volumes also continue to hurt fixed-cost absorption and adjusted EBITDA remained negative at $27.7 million.
• Europe and Canada were identified as near-term growth engines, with international retail revenue up 16.5%; the company plans additional investment in those markets while launching products such as Beyond Steak Filet, Beyond Breakfast Sausage, and the new Beyond Immerse functional beverage.
• Management is broadening Beyond Meat beyond plant-based meat into functional nutrition and beverages, but provided limited visibility and guided third-quarter revenue to approximately $60 million–$65 million, reflecting continued uncertainty and volatility.

Beyond Meat Stock Up 4.6%

Shares of BYND stock traded up $0.02 during trading on Friday, reaching $0.55. 20,470,263 shares of the company’s stock were exchanged, compared to its average volume of 44,439,840. The firm’s fifty day moving average price is $0.66 and its 200-day moving average price is $0.74. Beyond Meat has a twelve month low of $0.50 and a twelve month high of $7.69. The stock has a market capitalization of $284.47 million, a PE ratio of -0.30 and a beta of 2.78.

Analysts Set New Price Targets

BYND has been the subject of several analyst reports. Zacks Research upgraded Beyond Meat from a “strong sell” rating to a “hold” rating in a report on Monday, June 1st. Wall Street Zen raised Beyond Meat from a “strong sell” rating to a “sell” rating in a research report on Sunday, July 12th. Finally, Weiss Ratings restated a “sell (d)” rating on shares of Beyond Meat in a research note on Wednesday, July 8th. Three investment analysts have rated the stock with a Hold rating and six have assigned a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Strong Sell” and a consensus target price of $0.82.

Hedge Funds Weigh In On Beyond Meat

Several large investors have recently modified their holdings of the stock. AQR Capital Management LLC bought a new position in Beyond Meat in the 1st quarter valued at about $590,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Beyond Meat by 28.3% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 72,729 shares of the company’s stock worth $222,000 after acquiring an additional 16,044 shares during the period. Envestnet Asset Management Inc. acquired a new position in shares of Beyond Meat in the second quarter valued at approximately $70,000. Geode Capital Management LLC increased its stake in shares of Beyond Meat by 15.7% during the second quarter. Geode Capital Management LLC now owns 1,843,998 shares of the company’s stock worth $6,437,000 after purchasing an additional 250,628 shares during the period. Finally, Cetera Investment Advisers increased its stake in shares of Beyond Meat by 66.4% during the second quarter. Cetera Investment Advisers now owns 27,378 shares of the company’s stock worth $96,000 after purchasing an additional 10,924 shares during the period. 52.48% of the stock is owned by institutional investors.

About Beyond Meat

Beyond Meat, Inc (NASDAQ: BYND) develops, manufactures and sells plant-based meat substitutes designed to replicate the taste, texture and appearance of animal-based proteins. Since its founding in 2009 by Ethan Brown and initial public offering in 2019, the company has focused on leveraging proprietary technology and ingredient blends to produce a suite of products that cater to both retail and foodservice channels. Beyond Meat’s mission centers on offering more sustainable protein options by reducing reliance on livestock farming and its associated environmental footprint.

The company’s product portfolio includes Beyond Burger, Beyond Sausage, Beyond Beef and Beyond Chicken, each formulated to appeal to a broad range of consumers seeking meat alternatives without compromising on flavor or cooking versatility.